Amarc Res Stock Price, News & Analysis

Amarc Resources (OTCQB:AXREF / TSXV:AHR) announced executive and technical team participation at three investor conferences in November 2025. Dr. Diane Nicolson, President & CEO will present at the New Orleans Investment Conference (Nov 2-5, Booth #112; presentation Nov 4 at 12:40pm), Precious Metals Summit Zurich (Nov 10-11; presentation Nov 10 at 10:30am) and Deutsche Goldmesse Frankfurt (Nov 14-15; presentation Nov 14 at 4:00pm).

The company noted a completed 2025 drill campaign at the AuRORA porphyry Cu-Au-Ag discovery and other targets in the 630 km² JOY District; assay results are pending. Contact details for meeting requests were provided.

Amarc (TSXV:AHR / OTCQB:AXREF) and Freeport completed the 2025 JOY District drill program focused on expanding the AuRORA copper-gold-silver deposit on October 22, 2025.

Key facts: 15,381 m of core in 35 holes across JOY in 2025; 9,687 m in 24 holes at AuRORA, expanding the tested area to ~1 km by 1 km. Freeport elected Stage 2 and will sole-fund an additional CAD 75 million to earn a further 10% interest; the 2025 work program is funded at CAD 15+ million. Notable prior intercept: 266 m of 1.2 g/t Au and 0.31% Cu (incl. 109 m of 2.41 g/t Au, 0.51% Cu).

Partial assays were released; additional assay batches are expected later this month and over coming months.

Amarc Resources (OTCQB:AXREF) has announced significant drill results from hole JP25098 at its JOY Cu-Au District project. The hole, located 260m southeast of previous drilling, intersected 159m of 0.33% Cu, 0.43 g/t Au and 5.2 g/t Ag.

The discovery is particularly significant as it occurs outside the strong magnetic high that hosts the 2024 AuRORA mineralization, suggesting broader exploration potential across the JOY District. The company has completed 19 deposit step-out holes totaling over 7,000m in 2025, with a fourth drill rig recently added to evaluate other district targets.

The 2025 JOY exploration program, budgeted at CAD +$15M, is being fully funded by Freeport-McMoRan, which owns 60% of the joint venture, while Amarc retains 40% and manages exploration operations.

Amarc Resources (OTCQB:AXREF) announced that Freeport-McMoRan's subsidiary has elected to proceed to Stage 2 of the JOY Mineral Property Earn-in Agreement. Having completed Stage 1's CAD $35 million expenditure requirement, Freeport now holds a 60% stake in Aurora Minerals, with Amarc retaining 40%.

Under Stage 2, Freeport will invest an additional CAD $75 million over 5 years to earn a further 10% interest, with a minimum annual spend of CAD $10 million. The 2025 JOY exploration program, budgeted at CAD +$12 million, is being fully funded by Freeport. While Freeport becomes the Operator, Amarc will manage exploration programs as the primary contractor.

The project's highlight is the AuRORA Deposit discovery, featuring high-grade gold-rich porphyry copper-gold-silver mineralization, with initial drilling yielding 82m at 1.08% CuEQ, including 42m at 1.61% CuEQ from near surface.

Amarc Resources (OTCQB:AXREF) and Freeport-McMoRan have launched a $10 million exploration program for 2025 at the JOY District in British Columbia. The program focuses on drilling at the newly discovered high-grade AuRORA copper-gold-silver deposit, PINE Deposit, and other promising locations.

The company has expanded its JOY District strategic land package through multiple acquisitions: the 44.5 km² Brenda Property option agreement with Canasil Resources, approximately 32% (42.34 km²) of Freeport's PIL Property option, and three additional mineral claims. Historical exploration at Brenda revealed significant mineralization, including an intersection of 78m grading 0.61 g/t Au and 0.10% Cu.

Amarc Resources (OTCQB:AXREF) has appointed Carol Li as its new Chief Financial Officer, effective July 19, 2025. Li, a Chartered Professional Accountant with over 30 years of experience in the resources industry, brings extensive expertise in financial reporting, project financing, and capital markets.

Li succeeds Tom Wilson, who is retiring from his position. Her appointment strengthens Amarc's executive team as the company continues to advance three copper-gold districts in British Columbia.

Amarc Resources (OTCQB:AXREF) has launched a significant $10 million drill program at its 100% owned DUKE Copper-Gold district in central British Columbia. The program, funded by Boliden, will explore multiple copper-gold deposit targets across the 732 km² District.

The company's 2024 exploration program completed 19 scout core holes (5,815 m) at three porphyry Cu-Au deposit targets - JO, C4, and Svea. Notable discoveries include new copper-gold mineralization at the JO Target, with drill hole DKJ24043 returning 71m of 0.13% CuEQ, and at C4 Target, where hole DKC24058 cored 48m of 0.11 g/t Au. At Svea, drilling intercepted 96m of 0.23% CuEQ including a higher-grade interval.

The DUKE District, located 80 km northeast of Smithers, is situated in one of BC's most mineralized porphyry belts and benefits from extensive infrastructure.

Amarc Resources and Freeport-McMoRan are planning a significant 2025 drill program at the JOY District in British Columbia, focusing on the high-grade AuRORA Cu-Au-Ag deposit and other discoveries. Freeport has invested CAD $35 million to earn a 60% interest in the project and plans a CAD $10 million program for 2025, subject to funding an additional CAD $75 million in Stage 2. The AuRORA deposit, discovered in 2024, shows impressive high-grade results across multiple drill holes, with grades higher than the historic Kemess South deposit. The deposit currently extends over 600m by 500m and remains open for expansion. Notable drill results include intersections of up to 2.19 g/t Au, 0.63% Cu, and 6.95 g/t Ag over 162m. The company has also identified nine other large sulphide systems, with successful drilling at the Twins, PINE, and Canyon discoveries.

Amarc Resources (AXREF) announced significant drilling results from its 2024 exploration program at the IKE Copper-Gold District in BC. The program focused on the Empress Deposit, where drilling intercepted notable mineralization including 60m at 0.90% CuEQ and 181m at 0.46% CuEQ. The company's comprehensive program included both new drilling (9 core holes totaling 1,873m) and resampling of historical core (1,541 samples from 23 holes). Key findings revealed stacked high-grade Cu-Au mineralization bodies and well-mineralized porphyry-style Cu-Au-Mo zones. The Empress Deposit, part of the 500 km² IKE District, shows potential for expansion with mineralization remaining open in multiple directions. The style of mineralization at Empress is described as unique within the western Cordillera, with initial data suggesting the center of the mineralized system has not yet been defined.